1
Map
$740,000
●
House -
Off Market
8603 Edelweiss Drive
Corona, CA 92883
4 Beds
4 Baths,
1
Half Bath
4,152 Ft²
$1,171,326
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Beautiful home for sale in the exclusive gated community, The
Retreat, in Corona. Just off the 15 Freeway this golf course
community was carved through the canyons alongside the Cleveland
National Forest. Some of the features in this community include a
Tuscan-style clubhouse with a restaurant, bar, locker rooms,
outdoor patios, meeting rooms, banquet rooms and fitness center.
Contact the HOA for membership information. Our home features over
4,000 sq. ft. of spacious living space with 4 bedrooms and 5
bathrooms; the downstairs office could be easily converted into a
5th bedroom. Interior features include an open floor plan with 3
fireplaces, 9'+ ceilings, nice neutral colors throughout, gorgeous
granite counters in the kitchen, an oversized kitchen island,
stainless steel appliances. Exterior features include a nice size
lot with plenty of room for entertainment, there is a built in BBQ
area, rock waterfall area, grass and views of the mountains. Come
take a look today!
Unit Size
4,152 Ft²
Days on Market
271 days
Land Size
0.25 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
$209
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SW18056293)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Mar 11, 2018 | Listed by Strategic Realty Inc. | $769,900 | |
| Listed by Strategic Realty Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Corona
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Listed by: Lisa Byrd, Strategic Realty Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18056293
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18056293
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